9/06 ANDY HOFFMAN (CryptoGoldCentral.com): Bitcoin Rhodium’s Strong Hands In-Kind Dividend Program Will Pay DOUBLE XRC Rewards In 4Q 2019…With Additional, Extremely Bullish Strong Hands Developments To Be Announced Next Month!

When 257,143 of the 840,000 XRC allocated for airdropping to Bitcoin holders in early 2018 was not claimed, the Bitcoin Rhodium development team needed to decide what to do with it. It could have been burned, donated, or added to PR/Development funds – but instead, the pioneering “Strong Hands” in-kind dividend program was launched.

https://www.bitcoinrh.org/Home/StrongHandsAirdrop

Starting January 1st, 2019, 8,036 XRC were earmarked for distribution each quarter for the ensuing 32 quarters – distributed evenly amongst XRC wallets that did not experience negative balance movements. To wit, at the beginning of each quarter, a new “snapshot” is taken to determine how much XRC is in each wallet (web, Electrum, or Trezor) – and at the end, funds distributed to those meeting the aforementioned criteria.

The first two quarters were a huge success – as not only were 16,072 XRC distributed at a projected annual yield of 6%, but the average size of each eligible wallet INCREASED. In other words, nearly all XRC holders qualified – yielding the indisputable conclusion that essentially ALL XRC currently hitting the market is incremental mine supply…that today, amounts to roughly 350 XRC/day – at current Bitcoin ($10,900) and Bitcoin Rhodium ($22) prices, a measly 0.70 BTC.

For several reasons, the anonymous dev team have decided to make significant changes in the Strong Hands program – that they expect to have a materially positive impact on short-term demand, and long-term tightness of the float. The first of which, is to DOUBLE the SH reward for the fourth quarter of 2019 to 16,072 XRC – payable to holders as of the upcoming October 1st, 2019 wallet snapshot (that experience no negative balance movements during the fourth quarter).

This is just the FIRST of TWO major, extremely bullish announcements about Strong Hands – the second of which, will occur in the next month or so. It is the dev team’s goal to make XRC one of the most desirable coins in the cryptocurrency universe, and these changes to the Strong Hands program will play a major role towards that goal.

To participate in Strong Hands, you need do nothing but “BRODL” your XRC – in either your web, Electrum, or Trezor wallet. Keep in mind, moving XRC from web or Electrum to Trezor constitutes a negative balance event – which is why, if you can wait for the scheduled grace period on January 1st - 7th, 2020, it would be wise to do so.

Bitcoin Rhodium currently trades on HitBTC, p2pb2b.io, WhiteBit, Trade Satoshi, Fat BTC, Sistemkoin and Bisq. If you have questions about anything XRC-related, including OTC trading, please email me at [email protected], or DM/PM me on Twitter or Discord.